California § 6461 - The bonds shall: (a) Be payable to the party to whom they issue, or to order. (b)
Full text of California Public Contract Code - PCC § 6461 — The bonds shall: (a) Be payable to the party to whom they issue, or to order. (b), with citation guidance and answers to common questions.
§ 6461. The bonds shall: (a) Be payable to the party to whom they issue, or to order. (b)
The bonds shall: (a) Be payable to the party to whom they issue, or to order. (b) Be serial bonds. (c) Bear interest at the rate specified in the resolution of intention to do the work, unless the legislative body determines that a lesser rate of interest is appropriate at the time of advertising for bids, in which case a lesser interest rate may be specified in the bid advertisements. (d) Have annual principal coupons attached to them, payable in annual order, on the second day of January of every year after the next September 1st following the date of the bond, until all are paid. Each principal coupon shall be for an even annual proportion of the principal of the bond. (e) Have semiannual interest coupons attached to them.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 6461
What does Public Contract Code - PCC § 6461 cover?
Section 6461 ("The bonds shall: (a) Be payable to the party to whom they issue, or to order. (b)") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 6461?
A common citation format is "Public Contract Code - PCC § 6461" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 6461 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.